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Ella(Yan) Liang

liangsv@gmail.com +1(408) 656-9816

Listed by Amy M. Salmina • Coast & Valley Properties, Inc., DRE#01494129

$4,250,000

Est. payment - /mo

4 Beds

2 Baths

14,790 SqFt

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UPDATED:

Key Details

Property Type Commercial Multi-Residential (5 units)

Sub Type Five or More Units

Listing Status Active

Purchase Type For Sale

Square Footage 14,790 sqft

Price per Sqft $287

MLS Listing ID ML82045975

Bedrooms 4

Full Baths 2

Year Built 1964

Lot Size 0.340 Acres

Property Sub-Type Five or More Units

Property Description

17-unit multifamily investment opportunity in the coastal market of Castroville. The property features a highly desirable unit mix of 2-bedroom, 1-bath units, well-suited for strong workforce and family rental demand in the area. The asset offers a combination of stable in-place income with value-add potential, supported by newer roofs. Units feature functional layouts with durable finishes, and the property includes on-site coin-operated laundry and designated tenant parking, enhancing convenience and retention. Strategically located with easy access to Highway 1 and Highway 183, providing connectivity to Salinas, Monterey, and Santa Cruz employment hubs. Castroville continues to experience strong rental demand driven by limited housing supply and its position as a more affordable alternative to surrounding coastal markets.

Location

State CA

County Monterey

Area Castroville

Zoning Multi-Family

Rooms

Kitchen Countertop - Formica, Countertop - Solid Surface / Corian, Hood Over Range, Oven Range - Gas

Interior

Heating Wall Furnace

Cooling None

Flooring Carpet, Vinyl / Linoleum

Laundry Coin Operated

Exterior

Exterior Feature None

Parking Features Assigned Spaces, No Garage, Uncovered Parking

Community Features None

Utilities Available Individual Electric Meters, Natural Gas, Public Utilities

Roof Type Other

Building

Foundation Post and Pier

Sewer Sewer - Public, Sewer Connected

Water Public

Others

Restrictions None

Tax ID 030-074-006-000

Miscellaneous None

Security Features None

Special Listing Condition Not Applicable

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Ella(Yan) Liang

+1(408) 656-9816

Realtor License ID: 01933960

11320 Sanchez ST Castroville, CA 95012

Ella(Yan) Liang

Key Details

Location

Rooms

Interior

Exterior

Building

Others

Nearby School & Business

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